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April 13 2015


What’s inherently wrong is a company changing its terms of service to screw their users. What’s wrong is a company that sells your data without your consent. What’s wrong is a company that scales back customer service to save a buck, leaving its customers angry and frustrated.

But those things usually have nothing to do with whether you’re paying them or not.

Derek Powazek: Stop saying “If you’re not paying for the product, you are the product.”

September 16 2014

Investor storytime is when someone pays you to tell them how rich they'll get when you finally put ads on your site. Most startups run on investor storytime. Think of it as perhaps the world's most targeted ad.
The Internet With A Human Face - Beyond Tellerrand 2014 Conference Talk
Reposted bycliffordschmarsfbrlordminxwonkoAndi

September 15 2014

That [a butler service app] prevailed [in the TechCrunch Disrupt startup competition] in the face of such odds is a testament to unbridled capitalism the sharing economy, systemic inequality the Silicon Valley meritocracy, and the enduring power of the whims of a handful of self-regarding billionaires great ideas.
TechCrunch Disrupt SF: Butler app Alfred Club wins best startup of 2014
Reposted byelpollodiablolordminx

July 27 2014

Hipstamatic was plagued by its own market success. Instagram had generated no revenue since it launched, yet sold at a market valuation of roughly $1 billion. Hipstamatic didn't have the same “advantage.” The self-funded startup pulled in $10 million last year, and was on track to more than double its revenue in 2012. "For us, raising money was always super awkward because we made money," Buick says. "It fucked everything up and we'd get a different valuation. Like, 'Oh you have numbers? Well, I'm going to put the X here and the Y here, and this is what you're worth.' It's like, 'No, no, no, we don't make money! I lied!'"
No Filter: How Hipstamatic Pivoted Into A Flat Spin | Fast Company – Startups that actually make money are at a disadvantage to raise money on hopes for the future.
Reposted byjaphywonkoElbenfreundbrightbyte

June 18 2014

Investors, shrinking in number but growing in wealth and political influence, own the means of digital production. Everyone else is doing shift work and hoping they still have jobs tomorrow.
Alex Payne — Dear Marc Andreessen
Reposted by02mydafsoup-01 02mydafsoup-01

February 24 2014

[We should be] fixated on creating abundance, not redividing scarcity.
Start-Up America: Our Best Hope - Paul Krugman
Krugman claims that's what Silicon Valley startups already do. Not sure that's such a generally true statement, and it's been rightfully lambasted – but as an ambition I subscribe to it.
Reposted byylem235riot

August 02 2012

Play fullscreen
Fireside chat with Elon Musk, (co-)founder of PayPal, SolarCity, Tesla Motors & SpaceX.

Asked about his future company ideas, he mentions electronic airplanes (vertically starting, supersonic), more efficient highways, fusion energy and a new mode of long-distance transportation called 'Hyperloop' (solar-powered, LA–SF in 30 minutes ).
He plans to retire on Mars, because "that'd be cool."

This guy is pure inspiration.

August 01 2012

What important truth do very few people agree with you on?
Peter Thiel's CS183: Startup - Class 1 Notes Essay
There’s something wrong with big companies, governments, and non-profits. ... North of 100 people in a company, employees don’t all know each other. Politics become important. Incentives change. Signaling that work is being done may become more important than actually doing work. These costs are almost always underestimated. ... Anyone on a mission tends to want to go from 0 to 1. You can only do that if you’re surrounded by others to want to go from 0 to 1. That happens in startups, not huge companies or government. ... You can’t develop new technology in existing entities.
Peter Thiel's CS183: Startup - Class 1 Notes Essay
Reposted bypaketmynniariotiloyan

March 08 2012

Coolest startup I've seen at Launch so far: Ubooly, a plush toy with an iPod or iPhone for a brain. It entertains kids with jokes, learning games and pretend adventures. Yes, that is one expensive toy – but awww, how cute! They're raising money on Kickstarter right now.
Tags: startups toys
Reposted byalphabet alphabet
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Don't be the product, buy the product!